-The Times of India Six years ago, the Sachar Committee reportshowed that the Muslim community in India suffers from severe deprivations in education, employment, health services, public infrastructure, access to financial services leading to much higher poverty than other religious groups, somewhat like the condition of scheduled castes and tribes. The government responded by setting up a separate ministry for minority affairs, and launching several programs to provide benefits to the...
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PM for Shifting Farmers to Non-Agri Jobs to Raise Income
-Outlook Prime Minister Manmohan Singh today emphasised on the need to shift large surplus farmers to non-agriculture sector, saying per capita income of farmers would rise only when fewer people engage in farming. He also said farmers' income and agri-land yields need to be enhanced to meet the growing foodgrains demand in the coming years, building on the success of the 11th Plan. Addressing the 57th meeting of the National Development Council (NDC),...
More »Of FDI, Wal-Mart & controversies: An eventful year for retail
-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...
More »The Real Winners and Losers of Globalization -Branko Milanovic
-The World Bank It is generally thought that two groups are the big winners of the past two decades of globalization: the very rich, and the middle classes of emerging market economies. The statistical evidence for this has been cobbled together from a number of disparate sources. The evidence includes high GDP growth in emerging market economies, strong income gains recorded for those at the top of the income pyramid in the...
More »Latin Americans rank as happiest people on planet
-The Financial Express Mexico City: The world's happiest people aren't in Qatar, the richest country by most measures. They aren't in Japan, the nation with the highest life expectancy. Canada, with its chart-topping percentage of college graduates, doesn't make the top 10. A poll released yesterday of nearly 150,000 people around the world says seven of the world's 10 countries with the most upbeat attitudes are in Latin America. Many of the seven do...
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